Strategic Components Clause Samples
The "Strategic Components" clause defines which elements, technologies, or resources are considered essential to the overall strategy or success of a project or agreement. In practice, this clause typically lists or describes specific components—such as proprietary software, key personnel, or critical infrastructure—that are vital to achieving the intended objectives. By clearly identifying these strategic elements, the clause ensures that both parties recognize their importance and may set special terms for their use, protection, or replacement, thereby safeguarding the project's core interests and reducing the risk of disruption.
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Strategic Components. For part of the Strategic Components, as Veraz shall decide, Veraz shall maintain strategic account management responsibilities, such as contracts, pricing, quality, die banking, supplier tooling management (including budgeting of tooling cost) and business performance feedback. As and to the extent directed by Veraz, FLEXTRONICS shall purchase Strategic Components under Veraz’s supply agreements with suppliers of Strategic Components. FLEXTRONICSS may purchase the Strategic Components from its inventory only upon receiving prior written approval from Veraz.
Strategic Components. AADMER Work Programme 2010 - 2015
1. Risk Assessment, Early Warning and Monitoring;
Strategic Components. For Strategic Components, Iomega shall maintain strategic account management responsibilities, such as contracts, pricing, quality, die banking, supplier [**] management (including budgeting of [**] cost), assurance of supply and business performance feedback. Unless otherwise mutually agreed between the Parties, Venture shall issue applicable forecasts, purchase and be responsible for payment of Strategic Components under Iomega's supply agreements with suppliers of Strategic Components, perform incoming inspections of such Strategic Components, maintain inventory of Strategic Components, track shipments, provide supplier quality and business performance data to Iomega, but shall not otherwise be responsible or liable for Iomega's obligations under such supply agreements. Iomega shall seek the consent of its suppliers to providing copies of the agreements to Venture, and to the extent permitted, Iomega shall provide Venture with copies of all such supply agreements, and in the event that any such supply agreements increase Venture's operating costs, Venture shall be entitled to recover the increased costs from Iomega. In addition, Venture shall not have any liability whatsoever to Iomega in respect of any defective Strategic Component purchased by Venture hereunder or any breach by the supplier of its obligations under the supply agreement (including any late or non delivery of any Strategic Component) unless Venture has a right to bring an action against the supplier for such defective Strategic Component or breach. The Parties shall use reasonable efforts to assist each other in pursuing any such claim against the supplier.